UPDATE: Yesterday, I realized that glossary and Power Point presentations of our textbook are really good. So, go for it.
For topics to chapters 1-3 go here. Use this link from our textbook to review as well. Remember you should bring your scantron sheets #48/TSM and a pencil #2. If you have any questions, I'm opening just a post for comments.
Chapter 4
1. Quick background of the historic phases of capitalism.
2. Key features of capitalism (explain each one).
3. Arguments in favor of Capitalism: a) The Natural Right to Property, (b) Adam Smith's Invisible Hand
4. Criticism to Capitalism: a) Inequality, b) Human nature and capitalism (economic creatures vs. moral creatures), c) Capitalism breeds oligopolies, d) Competition is not a good.
e) Marx's "exploitation" and "alienation."
5. Some of today's economic challenges for capitalism.
Chapter 5
1. Limited Liability Company.
2.Corporate moral agency, CID.
3. Narrow View of Corporate Responsibility.
4. Broader View of Corporate Responsibility.
5. Let-Government-Do-It Argument, (b) The Business-Can't-Handle-It-Argument.
6. 4-point Institutionalizing Ethics (p. 242).
4-point Corporate Moral Codes (p. 244).
